YEARLY HIGH
0.3387 TND
YEARLY LOW
0.3080 TND
YEARLY AVERAGE
0.3231 TND

2021 NOK to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NOK to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on October 28, valuing the pair at 0.3387. Conversely, the yearly low was recorded on August 19, dropping to 0.3080.

This high-to-low spread represents a total annual volatility of 0.0307 TND. From a start-to-finish perspective, comparing the January average rate of 0.3166 to the December average rate of 0.3207, the exchange rate registered a net change of 1.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.3387 was up 6.26% compared to the 2020 peak of 0.3187, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NOK based on timing:

Yearly Peak High 1,693 TND
2020 Average 1,493 TND
Yearly Trough Low 1,540 TND
Transaction Impact: A difference of 153.43 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.3355
0.3130
JanuMarcMayJulySeptNove

NOK to TND Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: JanтАУJun) was 0.3237, compared to 0.3225 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.0012 points.

H1 Avg (JanтАУJun) 0.3237
H2 Avg (JulтАУDec) 0.3225

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0165 TND (High: 0.3339 / Low: 0.3175). On the other end, September was the most stable month, with a tight range of 0.0073 TND (High: 0.3271 / Low: 0.3198).

November Spread (Volatile) ┬▒0.0165
September Spread (Stable) ┬▒0.0073

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0085 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0085

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 0.3337) against the same month in 2020 (average: 0.2965), the exchange rate shifted by +0.0371 (+12.52%).

2021 Avg (October) 0.3337
2020 Avg (October) 0.2965

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

рдкреНрд░рддреНрдпреЗрдХ рдХреЕрд▓реЗрдВрдбрд░ рдорд╣рд┐рдиреНрдпрд╛рд╕рд╛рдареА рд╕рд╛рдВрдЦреНрдпрд┐рдХреАрдп рд╕рд╛рд░рд╛рдВрд╢.

Month High Low Average
January 0.3204 0.3112 0.3166
February 0.3233 0.3127 0.3189
March 0.3274 0.3180 0.3230
April 0.3352 0.3236 0.3291
May 0.3341 0.3240 0.3287
June 0.3315 0.3190 0.3260
July 0.3236 0.3096 0.3175
August 0.3214 0.3080 0.3149
September 0.3271 0.3198 0.3226
October 0.3387 0.3281 0.3337
November 0.3339 0.3175 0.3258
December 0.3278 0.3134 0.3207